China Automobile Industry, Technology (NEV, Driverless, etc): News & Images
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Daniel808
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Geely Emgrand EC7
Geely Emgrand GC9 in UAE Market
What happen with Malaysian newspapers?
This is big news, Geely Automobile just bought Proton Car Assembly Plants.
Geely Emgrand GC9 in UAE Market
What happen with Malaysian newspapers?
This is big news, Geely Automobile just bought Proton Car Assembly Plants.
powastick
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It would be politicize definitely. There were some news last year, but was denied. Proton parent company today jumped 6%.
http://www.bursamalaysia.com/market...of-companies/plc-profile.html?stock_code=1619
TaiShang
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Chinese automaker FAW reports record sales in January
Xinhua, February 6, 2017
FAW Group, China's major automaker, reported wholesale vehicle deliveries of 323,000 units in January, up 13.9 percent year on year and hitting a record sales high in January.
FAW -- First Auto Works -- sold 29,000 of its own Jiefang vehicles in January, a growth of nearly 130 percent than the same period last year.
The sales of joint venture branded vehicles also increased remarkably, including 147,000 units of FAW-Volkswagen, up 15.5 percent; 55,000 FAW-Toyota, up 4.6 percent; and 12,000 FAW-Mazda, up 139.5 percent year on year.
FAW has set an annual sales target of 3.3 million vehicles in 2017, including two million units of joint venture brands.
Founded in 1953 and headquartered in the northeastern province of Jilin, the state-owned firm sells products in over 70 countries.
Xinhua, February 6, 2017
FAW Group, China's major automaker, reported wholesale vehicle deliveries of 323,000 units in January, up 13.9 percent year on year and hitting a record sales high in January.
FAW -- First Auto Works -- sold 29,000 of its own Jiefang vehicles in January, a growth of nearly 130 percent than the same period last year.
The sales of joint venture branded vehicles also increased remarkably, including 147,000 units of FAW-Volkswagen, up 15.5 percent; 55,000 FAW-Toyota, up 4.6 percent; and 12,000 FAW-Mazda, up 139.5 percent year on year.
FAW has set an annual sales target of 3.3 million vehicles in 2017, including two million units of joint venture brands.
Founded in 1953 and headquartered in the northeastern province of Jilin, the state-owned firm sells products in over 70 countries.
TaiShang
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Has it been officially confirmed?
Below it says that the company is in financial difficulties and the government last year provided loans on the condition that the company find a foreign partner.
Lots of companies are interested from Europe and Japan.
Geely is said to be a front-runner and likely to become a partner.
Accordingly, both Geely and Proton shares have soared in the stock market.
领先竞争对手，中国吉利汽车收购 Proton 即将成为事实？
In Geely, Proton, 本地新闻, 汽车 / By Jason Chung / 6 February 2017 10:58 am
Proton在去年获得政府发放的15亿令吉贷款来度过难关，但这笔贷款附带了一个很大的条件，那就是Proton必须寻找一名可靠的国外合作伙伴来一起协助Proton翻身，并开拓国际市场。由于这个世界并没有白吃的午餐，因此把话说白了，其实就是让Proton寻找一个来自国外的买家。
在收到了政府这笔贷款后，Proton也积极的寻找来自国外的潜在买家洽谈“合作”，而经过一轮筛选后，之前也相继传出多家国外汽车集团与Proton走得很近，包括近期与Proton频频合作的Suzuki、来自法国的PSA集团（Citroen，Peugeot）、世界第三大的Renault-Nissan联盟，以及中国的老大哥吉利（Geely）汽车集团等。
最近中国的媒体南华早报报导，Proton寻姻的这段肥皂剧将在近期内告一段落，而领先这场收购谈判的，正是该国拥有Volvo汽车品牌的吉利汽车集团，而吉利也正打算透过收购Proton来进军东南亚这个拥有6亿人口的庞大市场。
该媒体还报导，吉利汽车在中国当地的股票，在春节假期结束后的第一天交易日就因为这个消息而暴涨了9%，显示中国投资者普遍看好这桩交易一旦成事将会为吉利汽车带来无限商机。
吉利帝豪GS
据报导，吉利汽车计划求购Proton的51%股权，除了将会成为Proton的最大股东外，还会直接掌控Proton位于Tanjung Malim的组装厂，这间组装厂的产能达到每年15万辆汽车，而且具有相当的规模和技术，足以成为吉利进军东南亚后的主要生产基地，而这也被指是吉利求购Proton的最大原因。
说到这里，或许有一些朋友会疑惑，从中国生产汽车的成本不是更便宜吗？而且中国距离东南亚并没有太远，大可以直接从中国运来东南亚。其实，根据东盟（ASEAN）协议，东盟成员国之间生产和组装的汽车，将可在其他成员国享有免税优惠，因此只要能在马来西亚或任何一个身为东盟成员的东南亚国家组装汽车，就能在其他东盟国家享有免税的优惠，而Proton也因此吸引了诸多主要大厂的兴趣。
至于一些不大熟悉吉利汽车的朋友，吉利汽车是中国目前最成功的自主私营化汽车生产商，最为人知的是2010年对Volvo的收购案，当时吉利汽车以13亿美元从Ford的手中买下了Volvo的全部股权，成为Volvo瑞典豪华品牌的持有者。吉利买下Volvo后，让这家原本已经奄奄一息的豪华汽车品牌枯木迎春，并让Volvo这几年的销量翻了三倍，因此吉利汽车可说是Volvo的救星。
无论如何，吉利收购Proton的消息目前还只能算是一个没有官方根据的传言，双方目前都未有官方承认这桩交易，而Proton管理层也已经表示会在今年上半年前完成这笔交易并对外公布，我们就耐心等待，看看事情最终的发展会是如何吧！
@cnleio , @cirr
powastick
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I miss this article, posted 5 days ago. Its a 3 way bid.Has it been officially confirmed?
Below it says that the company is in financial difficulties and the government last year provided loans on the condition that the company find a foreign partner.
Lots of companies are interested from Europe and Japan.
Geely is said to be a front-runner and likely to become a partner.
Accordingly, both Geely and Proton shares have soared in the stock market.
领先竞争对手，中国吉利汽车收购 Proton 即将成为事实？
In Geely, Proton, 本地新闻, 汽车 / By Jason Chung / 6 February 2017 10:58 am
Proton在去年获得政府发放的15亿令吉贷款来度过难关，但这笔贷款附带了一个很大的条件，那就是Proton必须寻找一名可靠的国外合作伙伴来一起协助Proton翻身，并开拓国际市场。由于这个世界并没有白吃的午餐，因此把话说白了，其实就是让Proton寻找一个来自国外的买家。
在收到了政府这笔贷款后，Proton也积极的寻找来自国外的潜在买家洽谈“合作”，而经过一轮筛选后，之前也相继传出多家国外汽车集团与Proton走得很近，包括近期与Proton频频合作的Suzuki、来自法国的PSA集团（Citroen，Peugeot）、世界第三大的Renault-Nissan联盟，以及中国的老大哥吉利（Geely）汽车集团等。
最近中国的媒体南华早报报导，Proton寻姻的这段肥皂剧将在近期内告一段落，而领先这场收购谈判的，正是该国拥有Volvo汽车品牌的吉利汽车集团，而吉利也正打算透过收购Proton来进军东南亚这个拥有6亿人口的庞大市场。
该媒体还报导，吉利汽车在中国当地的股票，在春节假期结束后的第一天交易日就因为这个消息而暴涨了9%，显示中国投资者普遍看好这桩交易一旦成事将会为吉利汽车带来无限商机。
吉利帝豪GS
据报导，吉利汽车计划求购Proton的51%股权，除了将会成为Proton的最大股东外，还会直接掌控Proton位于Tanjung Malim的组装厂，这间组装厂的产能达到每年15万辆汽车，而且具有相当的规模和技术，足以成为吉利进军东南亚后的主要生产基地，而这也被指是吉利求购Proton的最大原因。
说到这里，或许有一些朋友会疑惑，从中国生产汽车的成本不是更便宜吗？而且中国距离东南亚并没有太远，大可以直接从中国运来东南亚。其实，根据东盟（ASEAN）协议，东盟成员国之间生产和组装的汽车，将可在其他成员国享有免税优惠，因此只要能在马来西亚或任何一个身为东盟成员的东南亚国家组装汽车，就能在其他东盟国家享有免税的优惠，而Proton也因此吸引了诸多主要大厂的兴趣。
至于一些不大熟悉吉利汽车的朋友，吉利汽车是中国目前最成功的自主私营化汽车生产商，最为人知的是2010年对Volvo的收购案，当时吉利汽车以13亿美元从Ford的手中买下了Volvo的全部股权，成为Volvo瑞典豪华品牌的持有者。吉利买下Volvo后，让这家原本已经奄奄一息的豪华汽车品牌枯木迎春，并让Volvo这几年的销量翻了三倍，因此吉利汽车可说是Volvo的救星。
无论如何，吉利收购Proton的消息目前还只能算是一个没有官方根据的传言，双方目前都未有官方承认这桩交易，而Proton管理层也已经表示会在今年上半年前完成这笔交易并对外公布，我们就耐心等待，看看事情最终的发展会是如何吧！
@cnleio , @cirr
Proton deal will fast-track Geely’s presence
PETALING JAYA: Geely Automobile Holdings Ltd’s interest in national car manufacturer Proton Holdings Bhd is seen as a move by the China-based automaker to fast-track and build its presence in South-East Asia.
However, the company will have its work cut out for it if it succeeds in the bid for Proton.
The biggest task at hand is to turn around Proton that has been suffering from declining sales, losing market share and is in dire need of a partner with the technical expertise to make it competitive.
CIMB Research, in a report yesterday, said that a company like Geely had the capability to revitalise Proton.
The report was issued after a StarBiz report yesterday, which said that Geely was leading a three-way race to be the technical partner for Proton, ahead of French carmakers PSA Group and Renault SA.
“Overall, we see this as a positive development towards Proton’s recovery as we expect the new potential partner to help Proton boost its manufacturing utilisation rate.
“Moreover, we expect the potential partner to provide support in terms of advanced technology, global reach and economies-of-scale.”
Geely, owner of Swedish carmaker Volvo Cars Corp and the London Taxi Company, had linked to a potential tie-up with British sports carmaker Lotus Cars Ltd - which is owned by Proton.
In November last year, the China auto company denied rumours that it was in talks to acquire a stake in Lotus.
However, it did confirm to have been in discussions with Lotus for a potential technological cooperation.
“It is possible that Geely may still be interested in pursuing this option, and a stake in Proton would give it more say when it comes to making decisions regarding Lotus,” said an analyst.
According to reports, citing chief executive Jean-Marc Gales, Lotus is on course to make a profit this year for the first time in its 68-year history.
It is said that Geely and PSA want 51% in Proton’s manufacturing plant in Tanjung Malim. Towards this end, the Government has given the green light for foreigners to own a majority stake in the assembly plant.
According to CIMB Research, the net book value of the plant was about RM501mil as of March 2016.
“We are not surprised by this, as the plant is considered a prized asset for Proton’s potential partner as it would provide immediate access to car production facilities, which is valuable to a partner that targets the growing South-East Asian market.
“The Government has also reportedly given the approval for a foreign company to own a majority stake in the assembly plant,” it said.
The need to acquire a strategic partner was imposed on Proton as part of the conditions issued by the Government for its approval of an RM1.5bil soft loan to the national car company, in which a bulk of the money would be used to pay its vendors.
Last month, Proton chief executive officer Datuk Ahmad Fuaad Kenali said the company would announce its tie-up with a foreign strategic partner as early as April.
Proton has been a drain on parent DRB-Hicom Bhd’s earnings.
The latter marked its fourth consecutive quarterly loss, reporting a net loss of RM267.55mil in its second quarter ended Sept 30, 2016, compared with a net profit of RM52.67mil in the previous corresponding period.
Proton sold 72,290 vehicles last year compared with 102,175 units in 2015.
Read more at http://www.thestar.com.my/business/...asttrack-geelys-presence/#7qZFffQJww9a08SP.99
This article first appeared in The Edge Financial Daily, on February 6, 2017.
http://www.theedgemarkets.com/my/article/china’s-geely-reportedly-leads-three-way-race-proton-tie
China’s Geely reportedly leads three-way race in Proton tie-up
DRB-Hicom Bhd
(Feb 3, RM1.19)
Maintain add call with an unchanged target price (TP) of RM1.69: Chinese automaker Geely Automobile Holdings Ltd is reportedly leading a three-way race to be the technical partner for Proton Holdings Bhd, ahead of French carmakers PSA Group and Renault SA.
Geely and PSA officials were reportedly in the midst of due diligence work at Proton’s headquarters.
Geely and PSA are reportedly interested in acquiring a 51% stake in Proton’s manufacturing plant in Tanjung Malim, Perak.
Based on company data, the net book value of the Tanjung Malim plant was about RM501 million as of March 2016.
We are not surprised by this as the plant is considered a prized asset for Proton’s potential partner as it would provide immediate access to car production facilities, which is especially valuable to a partner that targets the growing Southeast Asian market.
The government has also reportedly given approval for a foreign company to own a majority stake in the assembly plant.
Overall, we see this as a positive development towards Proton’s recovery as we expect the new potential partner to help Proton boost its manufacturing utilisation rate.
Moreover, we expect the potential partner to provide support in terms of advanced technology, global reach and economies of scale.
DRB-Hicom Bhd currently owns 100% of Proton and we see a potential reduction or disposal of its Proton stake as positive for DRB-Hicom as it would reduce the negative impact from Proton’s losses.
The plant currently produces multiple models such as the Persona, Preve, Iriz and Suprima.
The plant was opened in 2004 with an annual production capacity of 150,000 units but it was designed to have a maximum capacity of one million units per annum, nearly five times its Shah Alam plant’s capacity of 230,000 units per annum.
However, the strategy failed to materialise due to declining sales. Proton’s sales slumped 54% to 72,300 units in 2016 from its record high of 158,700 units in 2011.
Proton chief executive officer Datuk Ahmad Fuaad Kenali recently indicated that Proton expects to announce the foreign strategic partner as early as April 2017, but the official signing could be completed by the end of the second quarter of 2017.
To recap, Proton is required to find a strategic foreign technical partner as part of the conditions set by the government for its approval of the RM1.5 billion soft loan to Proton last year.
We maintain our “add” call with an unchanged sum-of-parts-based TP of RM1.69. Our “add” call is supported by the imminent foreign partner for Proton and better performance in its services division.
Key downside risks are no foreign strategic partner for Proton and further deterioration in Proton’s earnings. — CIMB Research, Feb 2
powastick
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For those who don't know, Proton is actually made to support Malay businesses. It is actually a pyramid of bumiputera sub-contractors which made Proton unprofitable. Volkswagen years back was actually want to take over Proton. However, Volkswagen wanted to dismantle the pyramid and the deal fall through. I'm still wandering what Geely would do.
TaiShang
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Is Proton sort of a Chaebol/Keiretsu?
cirr
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Chinese Automakers Could Seriously Shake Up the Auto Industry
By Craig Cole Feb 04, 2017
China has a massive influence on the automotive industry, and many are wondering when we will see Chinese cars for sale in North America.
“The Chinese are already here,” said Michael Dunne, author, entrepreneur and automotive industry expert with a quarter century of business experience in Asia.
While speaking at a meeting of the Automotive Press Association, Dunne explained that car companies from the Middle Kingdom have sunk deep roots in the U.S. According to him, between 2010 and 2016, Chinese firms made some 128 separate investments in North America totaling an estimated $5-billion.
Today, many of these companies supply components to various automakers, help fine tune vehicles that are in development, and even work on next-generation technology including things that will help enable self-driving cars.
ALSO SEE: New Chinese Automaker Debuts Hybrid SUV That Could Be Headed to US
Adopting a similar strategy to the one used by Japanese and South Korean automakers that came before them, Chinese firms are putting heavy emphasis on California. Ambitious startup brands including BYD, Lucid Motors, Karma, and Faraday Future, many of which are funded by the deep pockets of China’s tech billionaires, all have a presence in the Golden State. Dunne said the reason for this is that the region is a global center for autonomous-vehicle technology, something they strongly want to lead in despite lacking this capability in their home market. When it comes to self-driving cars, “The evidence on the ground in China [is that they’re] really far behind.”
Even though cars and trucks from domestic Chinese automotive brands are not yet available in North America, this country’s influence on the industry is undeniable. Dunne said BYD is already building and selling million-dollar electric buses. Beyond this, the Buick Envision is built in China and imported to North America, something that would have seemed absurd just a few years ago. And this vehicle is no bottom-feeding economy model, “Nothing about [it] suggests ‘Made in China,’” said Dunne. The crossover is suitably premium for its price, proving that the Chinese can build high-quality vehicles.
And that could be a key strategy for them going forward. “I don’t see the Chinese coming in with extremely competitive pricing,” Dunne said. He doesn’t expect them to offer slapdash, bargain-basement vehicles in North America since there’s so much work that has to be done in order to sell cars here. They must provide decent quality, have a proper retail network, and be able to service their products. The days of ultra-cheap and unsafe knockoff cars are over — Chinese automakers could be legitimate threats to much more established companies.
SEE ALSO: Chinese Drivers Prefer Foreign Automotive Brands
For these reasons and more, this Asian country’s influence on the automotive industry will only increase going forward. Additionally, China is the largest vehicle market in the world and has been for nearly a decade. Last year alone, some 28 million new vehicles were sold there, a 14 percent increase compared to 2015. In contrast, only about 17.5 million cars and trucks were delivered in the U.S. during the same period.
But if there’s one area where North America and China could come to blows, it’s import duties. Today, there are few economic restrictions on selling vehicles in North America, but it’s a completely different story on the other side of the Pacific.
“They used to have tariffs that were around 100 percent,” explained Dunne. “[Then] they dropped them… through the 2000s to 75, 50. Now they’ve hit 25 and they’re done.” But still, he said that when other fees, taxes and surcharges are included, the real-world cost of importing a car or truck into China is about 50 percent, meaning an American sedan that would sell for $20,000 in San Diego could go for around 30 grand in Shanghai. Because of this, it’s been imperative for foreign automakers to build their products in China. But as always, there’s a catch.
Dunne said that by allowing foreign companies to sidestep import fees and manufacture domestically the Chinese government forced them to form joint ventures with domestic automakers, each of whom earn 50 percent of all profits. This is why General Motors China is called “SAIC-GM;” Volkswagen is partnered with FAW, Peugeot-Citroën with Dongfeng and so on; it’s never just Ford or Toyota.
Like it or not, the Chinese are already playing a significant role in the North American automotive business. Flush with cash, hungry for technology and willing to take risks, they’ll likely continue growing in the foreseeable future. You can also add tenacity to their list of virtues. Dunne said that in business and life, “They never give up.”
http://www.autoguide.com/auto-news/2017/02/when-will-chinese-vehicles-make-it-to-the-u-s-.html
By Craig Cole Feb 04, 2017
China has a massive influence on the automotive industry, and many are wondering when we will see Chinese cars for sale in North America.
“The Chinese are already here,” said Michael Dunne, author, entrepreneur and automotive industry expert with a quarter century of business experience in Asia.
While speaking at a meeting of the Automotive Press Association, Dunne explained that car companies from the Middle Kingdom have sunk deep roots in the U.S. According to him, between 2010 and 2016, Chinese firms made some 128 separate investments in North America totaling an estimated $5-billion.
Today, many of these companies supply components to various automakers, help fine tune vehicles that are in development, and even work on next-generation technology including things that will help enable self-driving cars.
ALSO SEE: New Chinese Automaker Debuts Hybrid SUV That Could Be Headed to US
Adopting a similar strategy to the one used by Japanese and South Korean automakers that came before them, Chinese firms are putting heavy emphasis on California. Ambitious startup brands including BYD, Lucid Motors, Karma, and Faraday Future, many of which are funded by the deep pockets of China’s tech billionaires, all have a presence in the Golden State. Dunne said the reason for this is that the region is a global center for autonomous-vehicle technology, something they strongly want to lead in despite lacking this capability in their home market. When it comes to self-driving cars, “The evidence on the ground in China [is that they’re] really far behind.”
Even though cars and trucks from domestic Chinese automotive brands are not yet available in North America, this country’s influence on the industry is undeniable. Dunne said BYD is already building and selling million-dollar electric buses. Beyond this, the Buick Envision is built in China and imported to North America, something that would have seemed absurd just a few years ago. And this vehicle is no bottom-feeding economy model, “Nothing about [it] suggests ‘Made in China,’” said Dunne. The crossover is suitably premium for its price, proving that the Chinese can build high-quality vehicles.
And that could be a key strategy for them going forward. “I don’t see the Chinese coming in with extremely competitive pricing,” Dunne said. He doesn’t expect them to offer slapdash, bargain-basement vehicles in North America since there’s so much work that has to be done in order to sell cars here. They must provide decent quality, have a proper retail network, and be able to service their products. The days of ultra-cheap and unsafe knockoff cars are over — Chinese automakers could be legitimate threats to much more established companies.
SEE ALSO: Chinese Drivers Prefer Foreign Automotive Brands
For these reasons and more, this Asian country’s influence on the automotive industry will only increase going forward. Additionally, China is the largest vehicle market in the world and has been for nearly a decade. Last year alone, some 28 million new vehicles were sold there, a 14 percent increase compared to 2015. In contrast, only about 17.5 million cars and trucks were delivered in the U.S. during the same period.
But if there’s one area where North America and China could come to blows, it’s import duties. Today, there are few economic restrictions on selling vehicles in North America, but it’s a completely different story on the other side of the Pacific.
“They used to have tariffs that were around 100 percent,” explained Dunne. “[Then] they dropped them… through the 2000s to 75, 50. Now they’ve hit 25 and they’re done.” But still, he said that when other fees, taxes and surcharges are included, the real-world cost of importing a car or truck into China is about 50 percent, meaning an American sedan that would sell for $20,000 in San Diego could go for around 30 grand in Shanghai. Because of this, it’s been imperative for foreign automakers to build their products in China. But as always, there’s a catch.
Dunne said that by allowing foreign companies to sidestep import fees and manufacture domestically the Chinese government forced them to form joint ventures with domestic automakers, each of whom earn 50 percent of all profits. This is why General Motors China is called “SAIC-GM;” Volkswagen is partnered with FAW, Peugeot-Citroën with Dongfeng and so on; it’s never just Ford or Toyota.
Like it or not, the Chinese are already playing a significant role in the North American automotive business. Flush with cash, hungry for technology and willing to take risks, they’ll likely continue growing in the foreseeable future. You can also add tenacity to their list of virtues. Dunne said that in business and life, “They never give up.”
http://www.autoguide.com/auto-news/2017/02/when-will-chinese-vehicles-make-it-to-the-u-s-.html
powastick
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No, more like SOE, is a brainchild of Mahathir Muhammad. Najib Razak is trying to dismantle his legacy after Mahathir fought him bitterly. Proton might be full of Mahathir's people. Chaebol/Keiretsu are oligarch that contributes greatly to the country, but Proton is draining the country which is full of UMNO link people.
Remember MAS? Malaysia Airlines. Rumors that CEO Chistoph Muller got fired after he tried to fired UMNO link people which include son or relatives of politicians. These people only works for few hours a day but receive 5 figure salaries. Firing ordinary worker is fine, but not cronies, that is the red line. This guy, less than 6 months on the job, manage to turn MAS around into Black.
cirr
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China 100% Electric Bus Sales Grew To ~115,700 In 2016
February 3rd, 2017 by James Ayre
Our friend Jose Pontes, a bi-monthlyCleanTechnica contributor, recently posted an article detailing electric bus sales in China during 2016 over at theEV Sales blog. The figures allow those of us living elsewhere in the world to get more than a bit envious about China’s progress (those of us who don’t like breathing the exhaust from diesel buses, that is).
Growth during 2016 continued to be quite strong, going on the figures provided by Jose, with some 115,700 electric buses sold in China during the year. This figure represents a roughly 20% market share for the modality in the country. We combined the new figures with previous China electric bus sales figures Jose rounded up in order to create the following chart (a static, downloadable version is above).
→ Related: China Electric Car Sales Demolish US & European Electric Car Sales
The top manufacturer for the market segment in 2016 was Yutong, with 21,428 units moved; followed by BYD, with 14,903 units. In third was Nanjing, with 7,921 units sold in 2016 in China; in fourth was Zuhai (~6,000 units sold); and in fifth was Hunan (3,410 units sold).
The EV Sales blog provides more:
“Ending a series of articles on China, I left the juiciest of them to the end, Electric Buses. In the end of 2015, China had 170,000 of the 173,000 e-buses circulating in the world. That’s right, 98% of them were zooming in The Big Red Giant, which I think says it all about the role of that country on the change happening towards eMobility.
“But, what about in 2016? Just focusing on all-electric buses, sales grew to 115,700 units in 2016, which represents some 20% market share, with Yutong still in the lead, followed by BYD and Nanjing, with the first growing 36% YoY and the second more than 50%.”
Impressive numbers — no doubt helped along significantly by the very friendly regulatory environment in the country (with regard to electric buses), and foresight on several levels.
“With this kind of growth and market share, it is expected that China goes all-electric in this category in less than 10 years, maybe five, so it is no wonder that large cities like Shenzen are already envisioning an all-electric 15,000 fleet of buses … in 2017.”
For more on the topic, see: “Electric Bus Sales Exploding In China (2010–2015).”
February 3rd, 2017 by James Ayre
Our friend Jose Pontes, a bi-monthlyCleanTechnica contributor, recently posted an article detailing electric bus sales in China during 2016 over at theEV Sales blog. The figures allow those of us living elsewhere in the world to get more than a bit envious about China’s progress (those of us who don’t like breathing the exhaust from diesel buses, that is).
Growth during 2016 continued to be quite strong, going on the figures provided by Jose, with some 115,700 electric buses sold in China during the year. This figure represents a roughly 20% market share for the modality in the country. We combined the new figures with previous China electric bus sales figures Jose rounded up in order to create the following chart (a static, downloadable version is above).
→ Related: China Electric Car Sales Demolish US & European Electric Car Sales
The top manufacturer for the market segment in 2016 was Yutong, with 21,428 units moved; followed by BYD, with 14,903 units. In third was Nanjing, with 7,921 units sold in 2016 in China; in fourth was Zuhai (~6,000 units sold); and in fifth was Hunan (3,410 units sold).
The EV Sales blog provides more:
“Ending a series of articles on China, I left the juiciest of them to the end, Electric Buses. In the end of 2015, China had 170,000 of the 173,000 e-buses circulating in the world. That’s right, 98% of them were zooming in The Big Red Giant, which I think says it all about the role of that country on the change happening towards eMobility.
“But, what about in 2016? Just focusing on all-electric buses, sales grew to 115,700 units in 2016, which represents some 20% market share, with Yutong still in the lead, followed by BYD and Nanjing, with the first growing 36% YoY and the second more than 50%.”
Impressive numbers — no doubt helped along significantly by the very friendly regulatory environment in the country (with regard to electric buses), and foresight on several levels.
“With this kind of growth and market share, it is expected that China goes all-electric in this category in less than 10 years, maybe five, so it is no wonder that large cities like Shenzen are already envisioning an all-electric 15,000 fleet of buses … in 2017.”
For more on the topic, see: “Electric Bus Sales Exploding In China (2010–2015).”
TaiShang
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If politics and in-fighting is the case, it may be quite risky for any foreign business to get involved. One government's doing may be another government's undoing.
Daniel808
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I don't know, Malaysian companies have acute nepotism problem.
With 51% shares, I hope Geely Automobile can clean up this mess inside Proton.
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